Holding Politicians Accountable

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How wrong can this be? Basically what is happening here is that people work in Washington, and man, they hit that revolving door with a speed that would blind you.
Sen. Elizabeth Warren (D-Mass.) on the announcement this week that former House Majority Leader Eric Cantor (R-Va.) would join the board and staff of an investment bank. (Business Insider)

Filed under Elizabeth Warren Eric Cantor politics revolving door

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The Lexington Herald-Leader in Kentucky published a tough editorial today criticizing Sen. Mitch McConnell’s speech to the Koch brothers summit earlier this summer. It ends:

“On the recently disclosed tape, McConnell is heard thanking the Koch brothers ‘for the important work you’re doing.’ I don’t know where we’d be without you.”What Kentucky voters should think about is where we’d be with them pulling the strings of the U.S. Senate.”

The Lexington Herald-Leader in Kentucky published a tough editorial today criticizing Sen. Mitch McConnell’s speech to the Koch brothers summit earlier this summer. It ends:

On the recently disclosed tape, McConnell is heard thanking the Koch brothers ‘for the important work you’re doing.’ I don’t know where we’d be without you.”What Kentucky voters should think about is where we’d be with them pulling the strings of the U.S. Senate.”

Filed under Mitch McConnell Kentucky KYSenate

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Without citizens taking on an active role in our country, we despair over what’s happening in Washington; the dysfunction of the legislature; the tribal problems that people feel toward one another. We despair over money-in-politics, which I do think is the poison in the system. If I were younger, that’s what I’d be doing – leading a constitutional amendment to get money out of the system. It’s all up to us – we can’t wait for somebody else to do it.

- Renowned author and presidential historian Doris Kearns Goodwin on the need to address the “poison” of money in politics.

(H/t @SpauldingCC

Filed under politics money in politics Dorris Kearns Goodwin

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Eric Cantor Joins Wall Street (Officially)

Former House Majority Leader Eric Cantor (R-Va.), who lost his primary election this year partially due to his closeness to Wall Street and big donors, will join investment bank Moelis & Company.

The company’s founder, who announced the hire, maxed out to the congressman this cycle, according to the Center for Responsive Politics:

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During his time in Congress, Cantor received over $3 million in campaign contributions from donors and PACs at securities and investment firms and $8.9 million from the financial sector overall.

Cantor will receive a $1.4 million sign-on bonus and $2 million in annual pay, according to the Financial Times.

Filed under Eric Cantor Wall Street politics

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Let them know that you can accept corporate contributions and it is not reported.
A top aide to Gov. Scott Walker, suggesting a way to get around disclosing big corporate donations to boost the governor’s recall election fight. (NYT)

Filed under Scott Walker Wisconsin dark money